A comprehensive security investigation supported by the Ethereum Foundation has uncovered a significant breach involving covert agents embedded within Web3 organizations. The extensive six-month research operation successfully identified 100 individuals with connections to North Korea working inside cryptocurrency development teams.
Ethereum price climbed to an intraday high of $2,375 on Friday as Ethereum ETFs continued to draw steady institutional interest. According to data from crypto.news, Ethereum (ETH) price was trading at $2,375 last check on Friday, April 17.
Sell pressure dominates as taker ratio stays below 1.
A six-month investigation backed by the Ethereum Foundation has uncovered how North Korean operatives quietly embedded themselves inside dozens of Web3 teams under false identities.
Quarterly transactions hit 200.4 million in Q1 2026, the first time above 200 million and more than double the 2023 lows.
The threat is no longer theoretical. The Ethereum Foundation claims to have helped identify about 100 IT workers linked to North Korea in 53 crypto projects in just six months, through its ETH Rangers program.
Ethereum's recent rally encountered significant resistance after touching $2,417, forcing the price below the $2,350 threshold. This rejection comes from a resistance zone that market observers have been monitoring closely.
Ethereum is pushing against resistance just below $2,400, trying to extend a recovery that has brought it back from the lows near $1,750 set during February's sharp capitulation. The market remains uncertain, and every attempt at higher levels has been met with selling pressure that reflects the broader caution defining crypto right now.
Ethereum price started a downside correction after it failed near $2,400. ETH is now consolidating and might aim for more gains if it clears $2,360.
Ethereum is trading near a key resistance level, on-chain indicators point to accumulation among large Chainlink holders, and one crypto casino reported significant wagering activity during its testing phase. Market attention is shifting.
ETH trades at $2,350 despite the Merge, spot ETFs, and Pectra — raising questions about value accrual.
The Ethereum Foundation reported that a six-month program helped expose around 100 DPRK IT workers across 53 crypto projects.